EarlierTechcrunch broke the newson the upcoming launch ofCity Of Eternals, the firstFlash MMOG from Ohai.I have the rough footage below of in game play, and will add a proper screencast shortly. This is a World of Warcraft style MMOG that’s free to play and Flash based. It’s also integrated with Facebook Connect to allow easy signup and, more importantly, you can play with your friends and see the real identity of other players. (Techcrunch11/10)

Marvel Entertainment and Gazillion Entertainment have struck an exclusive 10-year licensing deal to develop massively multiplayer online games based on Marvel’s stable of 5,000 characters. The first game in development is a casual MMO title for younger players based on Marvel’s Super Hero Squad comic. Gazillion also will develop “Marvel Universe,” an MMO game for PC and consoles. Financial details of the licensing deal were not disclosed. (Cynopsis 3/18)

George Bush’s shoe fiasco over the weekend as been made into a browser-based game Sock and Awe. Go ahead – live the American dream. Its developers are selling the game to the highest bidder on eBay. (Cynopsis 12/18)

MMO game asset secondary market exchange PlayerAuctions expanded its platform to support more than 100 massively multiplayer online games including Habbo, IMVU, Knight Online and Tibia. (Cynopsis 12/18)

Activision Blizzardsold a record 2.8 million copies of the latest World of Warcraft expansion: Wrath of the Lich King within the first 24 hours of its release. The Massively Multiplayer Online Game has about 11 million online subscribers. (Cynopsis 11/20)

In its battle for the hearts and minds of gamers, Sony is developing a robust social-networking component to its PlayStation 3 console. The new element, to be called Home, has been in beta testing for weeks and allows users to explore an online world with avatars that can travel from one virtual place to another. The New York Times/VentureBeat (11/19)

National Geographic Ventures is working with video game makers on branded games for PCs, consoles and handhelds, according to this article. “National Geographic: Panda” will be available this month for handheld Nintendo DS, and next month Sony will have “National Geographic: Africa.” The Washington Post/The Associated Press (11/18)

Apple is taking advantage of its Internet distribution network to compete with giants such as Nintendo and Sony for a share of the handheld market. IPhone users currently have access to almost 2,000 titles, with more on the way from publishers including Sega and Id Software. The Wall Street Journal(11/12)

Massively multiplayer online (MMO) game company Nexon Americakicked off a new promotion with 7-Eleven placing redeemable game codes on specially marked Slurpee cups. Nexon’s games are free to play but the codes can be exchanged for virtual goods in the games MapleStory, Mabinogi, Combat Arms and the appropriately named Sugar Rush, to be released in 2009. (Cynopsis 11/12)

With the Nintendo Wii retailing for $249, Microsoft said Wednesday that it was cutting the price of its Xbox consoles, a move that will lower its 360 Arcade $80, to $199, and other models $50, to $299 and $399. Microsoft has lost ground over the summer to second-place Sony’s PlayStation 3, and analysts noted it marked the first time a current-generation console has sold for less than the Wii.Bloomberg (9/3) , Wired (9/3)

If Hulu and the new TheWB.com have whetted your appetite for more Buffy the Vampire Slayer adventures, you’ll soon have the opportunity to really immerse yourself. Twentieth Century Fox Licensing & Merchandising and The Multiverse Network, Inc. announced they are developing a Massively Multiplayer Online Game (MMOG) based on the Buffy universe. Perhaps to free up resources for the project, Fox also announced it is putting development of the previously announced Firefly MMOG on the back burner. (Cynopsis 8/4)